As soon as the crypto business’s largest mining firm, Core Scientific suffered an astounding, and swift, fall from grace final November, when bitcoin costs cratered amid cryptocurrency change FTX’s mid-November implosion. The corporate went public with a $4.3 billion valuation in 2021, however its market capitalization had fallen to $78 million by the point it filed for chapter final December.
Crypto Miner Core Scientific Hopes to Emerge from Bankruptcy by September, Lawyers Say
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